iShares Silver Trust $SLV Shares Bought by Sunbelt Securities Inc.

Sunbelt Securities Inc. grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 51.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 40,563 shares of the exchange traded fund’s stock after buying an additional 13,703 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares Silver Trust were worth $2,613,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SLV. NewEdge Wealth LLC grew its holdings in shares of iShares Silver Trust by 99.6% during the 3rd quarter. NewEdge Wealth LLC now owns 43,195 shares of the exchange traded fund’s stock worth $1,885,000 after purchasing an additional 21,551 shares during the period. Ameliora Wealth Management Ltd. raised its holdings in iShares Silver Trust by 15.4% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 86,670 shares of the exchange traded fund’s stock valued at $5,583,000 after buying an additional 11,563 shares during the period. Prime Capital Investment Advisors LLC lifted its position in iShares Silver Trust by 33.1% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 37,770 shares of the exchange traded fund’s stock valued at $2,433,000 after buying an additional 9,391 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its position in iShares Silver Trust by 47.8% during the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 29,015 shares of the exchange traded fund’s stock valued at $1,869,000 after buying an additional 9,384 shares in the last quarter. Finally, Clare Market Investments LLC lifted its position in iShares Silver Trust by 24.4% during the third quarter. Clare Market Investments LLC now owns 48,610 shares of the exchange traded fund’s stock valued at $2,060,000 after buying an additional 9,525 shares in the last quarter.

iShares Silver Trust Stock Down 1.8%

SLV opened at $59.51 on Friday. iShares Silver Trust has a 52-week low of $32.06 and a 52-week high of $109.83. The company has a 50 day moving average of $68.01 and a two-hundred day moving average of $70.06. The company has a market cap of $33.68 billion, a P/E ratio of -8.51 and a beta of 0.45.

About iShares Silver Trust

iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust. The activities of the Trust are limited to issuing baskets of shares in exchange for the silver deposited with the custodian as consideration, selling silver as necessary to cover the sponsor’s fee, Trust expenses not assumed by the sponsor and other liabilities, and delivering silver in exchange for baskets of shares surrendered for redemption.